FALMOUTH HOSPITALITY LLC January )S , 2015 MassHousing One Beacon Street Boston, MA 02108 Re: Proposed 104 Unit 408 Rental Development, 556 Main Street, Falmouth, MA ~ Lyberty Green. Apartments. Dear Sir/Madam, Enclosed please find a completed “Comprehensive Permit Site Approval Application/Rental” to be financed with 2 New England Fund Lender, ‘The rental development, currently referred to as Liberty Green Apartments, will consist of two garden style apartment buildings which shall be approximately three (3) stories high as well as seven (7) two (2) story high Townhouse style attached buildings. The buildings are proposed to be wood frame, asphalt roofing and viny! siding, trim, and windows. There will be a total of 104 units between the apartment and townhouse style buildings. The development will have an interior sidewalk to encourage pedestrian travel as well as bike racks and an outdoor pool, playground and amenities area. The proposed development is conveniently iocated in downtown Falmouth along Main Street within short waking distance of numerous restaurants, retail facilities, service facilities, public transportation, and Town Hall. ‘The site also provides easy access to |-495 and MA-28. Various forms of public transportation are available between 1-12 miles from the site. “The 2.5 acre site does not contain any wetlands and does not have any mapped habitat of rare or endangered species, The property currently contains numerous commercial and warehouse structures in various states of disrepair. The Applicant proposes to redevelop the blighted site by razing the existing, poorly maintained structures and constructing the proposed buildings thereon. The Applicant ‘proposes to minimize lot coverage by constructing parking facilities below the two apartment buildings 80 as to provide a total of 112 covered spaces. Thirty two (32) spaces are proposed to be uncovered and adjacent to the respective buildings. There are also a total of 14 proposed garage spaces associated with the townhouses. ‘This area of Falmouth is well developed with predominately commercial development fronting Main Street with adjacent residential properties directly to the North of the site, The lot to the West of the site is a mixed use condominium with residential and commercial units, Directly to the East of the site is a realty office as well as a Dunkin Donuts. The proposed development meets the character of the neighborhood which includes both commercial and residential development along Main Street and Lantern Lane and is consistent with the primary underlying zoning district (BR) which does allow certain multifamily residential uses as well as commercial uses, 4.Lan Drive, Westford MA Tel: (978) 692-9450 Fax: (978) 692-4424 Email: keriksen@raventures.netPlease feel free to contact me should you have any questions or need additional information. Kevin S. Eriksen General Counsel |Comprehensive Permit Site Approval Application/Rental www.masshousing.com | www.masshousingrental.comComprehensive Permit Site Approval Application/Rental Attached Is the Massachusetts Housing Finance Agency ("MassHousing") application form for Project Eligibility/Site ‘Approval (Site Approval’) under the state's comprehensive permit statute (W.G.L. ¢. 40B, Sections 20-23 enacted as Chapter 774 of the Acts of 1969) knovin as "Chapter 408" Developers seeking e comprehensive permit to construct affordable housing under Chapter 408 and intending to use a MassHousing financing program or financing through the New England Fund ("NEP program must receive Site Approval from MassHousing. This approval (also referred to a5 “project eligibility approval") is a required component of ary comprchensive permit application to be submitted to the local Zoning Board of Appeals of the municipality in which the development is to be loca ‘As part af its review of your application, MassHousing will conduct an inspection of the site and will solicit comments from the relevant municipality. MassHousing will consider any relevant concerns that the municipality might have about the proposed project or the developer. The applicant is encourages, therefare, to make contact with the municipality prior to submitting the Site Approval application in order to ensure that the applicant understands any concems that ‘the municipality may be likely to raise regarding the proposed development. In order for a project to receive Site Approval, MassHousing must determine that (i the applicant has sufficient legal control of the site; ithe applicant isa public egeney, non-profit organization or limited dividend organization; and (ii) the applicant and the project ate generally eligible under the requirements ofthe MassHousing program selected by the applicant, subject to final eligibility review and approval. Furthermore, MassHousing must determine that the site of the proposed project is generally appropriate for residential development (taking into consideration municipal actions previously taken to meet affordable housing needs) and that the conceptual project design is generally appropriate for the site. In order for MassHousing to be able to make these findings (required by 760 CMR 56.04 (4), it is important ‘that you answer all questions in the application and include all required attachments. Please nate that MassHousing requites that all applicants meet with a member of our 40B Department staff before submitting their aplication, Applications for any projects that have not been the subject ofa required pre-application meeting will not be accepted or processed. Upon completion ofits analysis, MassHousing wil ether issue a ite Approval Letter that approves, conditionally approves or denies the application Ifthe application is approved, te applicant should apply to the Zoning Board of Appeals within two years from the date ofthe Site Approval Letter (unless MassHousing extends such term in writing) Please note that Site Approval from MassHousing does nat constitute a oan commitment by MassHousing or any other Financing program. All potential MassHousing financing is subject to further review and underwriting by MassHousing's Rental Lending Department. Please be sure you have familiarized yourself with all of the zpplicable requirements set forth in the Chapter 408 regulations and guidelines, which can be found at mw mass,govhed/economicfenheddhedllegalfreys!760-cmr-56,htm| ancl nwuumass govlhed/does/dhedlegallcomprehensivepermitauidelines patInstructions for completing the Site Approval Application are included in the application form, which is attached. The completed application form and al aditional documentation should be sent, after your pre-application mecting has ben held, to Gregory Watson, Manager of Comprehensive Permit Programs ‘MassHousing, One Beacon Street, Boston, MA 02108 We look forward to working with you on your proposed devetopment. Please contact Gregory Watson at 617-854-1880 or gwatson@masshousing.camn to discuss scheduling your pre-application mecting or if there is any assistance that we can provide in the meantime to make your application process a smooth and efficient one, Our Commitment to You ‘MassHousing recognizes that applicants seek some measure of predictability regarding the timeftame for our processing of their applications. Our staff will endeavor to adhere to the following schedule for reviewing applications for site approval Within two (2) business days of receipt of your application (provides that you have attended a required pre-application meeting) a member of our staff will notify you of any ofthe items isted on the checklist atthe end of the application form that were missing from your application package. Pease note that our acknowledgement of receipt ofan item does not indicate that any substantive review has yet taken place, 1f your application package is missing any of the items indicated on the cheeklist by an asterisk, we will not be able to continue processing your application until such items are received. IF we have received the information that Is crucial to the commencement of our review process, we will proceed to (i sive the municipality perio of thirty (30) days in which to submit comments relating to your propesai; (i schedule {and conduct a ste visit; anc (i) solicit bids for and commission and review an “as i" appraisel of your sit. If during our review of your application package we determine that additional information or clarification is needed, We will notify you as soon as gossible. Depending on when we receive such additional information, this may affect the amount of time required for MassHousing to complete the site approval process. ‘Assuming that your application package was complete and that you respond in a timely manner to requests for additional information or clarification, we would expect to issue or deny your site approval within 60 days of our receipt of your application package. MassHousinG 2 408 Site Approved Application aftApplication for Chapter 40B Project Eligibility/Site Approval for MassHousing-Financed and New England Fund (“NEF”) Rental Projects Please be sure to answer ALL questions. Indicate "N/A*, “None” or "Same" when necessary. Section 1: GENERAL INFORMATION (aso see fequired Attachments listed at end ot Section 1) ty Green Name of Proposed Projes Municipality; Falmouth Address of Site: 556 Main Street Cross Street (if applicabfe)s Zip Code: 02540, - Tax Parcel LD. Number(s) (Mop/Biock/Lot): Name of Proposed Development Entity (tvpicolfy a single purpose entity); Falmouth Hospftallty LLC Entity Type: Limited Dividend Organization LY] Non-Profit! Government Agency “IF the Proposed Development Entity is @ Non-Profit, please contact MassHousing regarding additional documentation that must be submitted. Has this entity already been formed? vest! Name of Applicant typically the Propased Development Entity or its controling entity or individual) ty Luc ae Applicant's Web Address, if any; WWW.raventures.net 0 - Does the Applicant have an identity of interest with any other member of the development team ar other party to the Proposed Project? YesL_] nol¥] if yes, please explain: Primary Contact Information (required) Name of Individual:,Kevin S. Eriksen, Es¢. Relationship to Applicant: Counsel Nome of Company fif any): Falmouth Hospitality LLC Street Address: 4 Lan Drive: a ae CityfState/zip: Westford, MA 01886 Telephone (office and cell) and Email: Office 978-692-9454 Secondary Contact information (required) Name of Individual: Robert A. Welker Relationship to Applicant: Manager Name of Company fifany): Falmouth Hospitality, LLC Street Address: 4 Lan Drive City/State/Zip: Wesford, MA 01886 Telephone foffice ond cei!) and Email: Office 978-692-9450, email rwa er eat SAE EE 3 408 Site Approval Application 6/14 aventures.netAdditional Contact Information (optional) ‘Name of Individual; Joseph Peznola Relationship to Applicant: Project Engineer Name of Company fifany, Hancock Associates Street Address: 315 Elm St City/State/Zip: Mariborough, MA 01752 (608) 460-1111 _ Email: jpeznola@hancockassociates.com Telephone (office and cell) and Email Anticipated Construction Financing: MassHousing |_|. wer Bank LY IF NEF Bank, Name of Bank: People's United Bark. ‘Anticipated Permanent Financing: MassHousingL_| NEF Bank LW” If NEF Bank, Name of Bank: TBO Total Number of Units 104g Affordable Units 26 # Market Rate Units. 78 ‘Age Restricted? Yes/No°__ if Yes, 55+ or 624+? _ Brief Project Description (150 words or less)s_ The project wil include 104 total units. Ninety Seven (97) units will be located in the two proposed apartment buildings, each proposed as three story structures with parking beneath. Seven (7) units are proposed as Townhouse structures. The project proposal calis for 158 total parking spaces, bike racks, an outdoor pool and play area with changing facilities as well as easy walking distance to restaurants, retall and other commercial/convenience amenities located along Main Street in Falmouth, Required Attachments Relating to Section 1 1.1 Location Map Provide a USGS of other form of map clearly marked to show the site's location, and an approximate property boundary. 1.2. Tex Map Provide a copy of municipal tax map (assessors plan) with subject parcels and parcel ID #s clearly identified. 1.3 Directions Provide detailed written directions to the site, noting the entrance to the sit, relevant boundaries and any prominent landmarks that can be used for identification purposes. 4 408 Site Approve Application a4 | | | i j t